Learn how understanding the bond yield curve's signals can inform economic forecasts and enhance your investment decisions for better returns.

Two years ago, the yield curve inverted. That means short-term interest rates on Treasury bonds were unusually higher than long-term interest rates. When that's happened in the past, a recession has ...

One of the main stories in the money and bond markets of late has been the development of inverted yield curves in the Treasury (UST) market. Indeed, a variety of intra-maturity spreads have witnessed ...

The inverted yield curve is one of the more reliable recession indicators. I discussed it at length last December. At that point, we had not yet seen a full inversion. Now we have, and it appears the ...

Learn to create a yield curve in Excel and understand its implications for interest rate forecasting. Follow our simple guide ...

As explained in Prof. Robert Jarrow's book cited below, forward rates contain a risk premium above and beyond the market's expectations for the 3-month forward rate. We document the size of that risk ...

My last analysis on Cohen & Steers Infrastructure Fund (UTF) was published about 3 months, in early January 2025. That article was titled “UTF: Time To Take Some Profit (Rating Downgrade).” That ...